Commercial Post Close Associate

12 hours ago


St Louis, Missouri, United States Stifel Full time

Job Summary

The Commercial Post Close Associate will be responsible for ensuring the accuracy and completeness of loan files throughout the loan lifecycle. This role will collaborate with the commercial loan team to maintain effective communication and documentation, while prioritizing service, quality, compliance, and relationship building.

Key Responsibilities

  • Collaborate with commercial loan team members to ensure seamless loan processing.
  • Track and follow up on the receipt of original legal documentation to maintain loan file accuracy.
  • Manage insurance on loan files to ensure compliance and security.
  • Monitor and track UCCs, Paid Tax Returns, and other collateral-related items to maintain loan file integrity.
  • Release paid files in a timely manner to maintain efficient loan processing.
  • Perform quality assurance checks on payments, advances, and rate changes to ensure accuracy.
  • Upload documentation to the imaging system to maintain digital loan files.
  • Maintain customer confidentiality and trust by adhering to data protection policies.

Requirements

  • Basic knowledge of industry regulations, including the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Community Reinvestment Act, and Truth-in-Lending laws.
  • Excellent written and verbal communication skills to effectively collaborate with the commercial loan team.
  • Strong organizational skills and attention to detail to maintain accurate loan files.

Education and Experience

  • High School Diploma or equivalent required.
  • No experience required, but 1+ years of commercial operations experience is preferred.

Technical Skills

  • Proficient in Microsoft Outlook and Microsoft Suite, including Word and Excel.


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